Absa told to revise its bid for Capricorn
Thursday, September 09, 2010
Capricorn Investment Holdings(CIH) is the majority shareholder in Namibia's second largest commercial bank, Bank Windhoek and Botswana's Bank Gaborone.
Namibian authorities in July blocked Absa, which already runs a representative office in Namibia, from buying a majority stake in Capricorn Investment Holdings citing fears about increased foreign dominance in the financial sector.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...